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Thursday, June 12, 2008

(1) Nifty Chart For 12/06/2008 ::


Nifty :: As we say in yesterday post above 4496 momentum turn slightly strong and it is.. All daily and intraday charts looks good,but due to international market may be some selling pressure in opening bell .. We change our strategy on 12th Jun buy on dip (S.L 4366) Sell at high (S.L 4645).. Please don’t short at lower level or at support.. In one level below 4497 momentum down above 4497 momentum up.. Resistance for up move at 4551/4560/4566/4584/4645.. Supports 4497/4468/4411/4366/4250..

(Please check highlighted resistance ,if Nifty open high then change strategy as sell at high (S.L 4645)buy on dip (S.L 4366).. )

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